niuz

David Jones expected to fall into administration after failed 11th hour talks with biggest landlord

1 source
One source
What the source said
The Guardian – World
“David Jones expected to fall into administration after failed 11th hour talks with biggest landlord”

Future of 188-year-old department store hangs in balance after no agreement was struck with Westfield owner Scentre Group Get our breaking news email , free app or daily news podcast David Jones is poised to fall into administration after 11th-hour talks between its private equity owner and primary landlord broke down, putting the future of the 188-year-old upmarket department store chain at risk. The upheaval follows years of steep losses, weak consumer spending and a string of underperforming…

Read at The Guardian – World
Is this point wrong? Tell us

Reported by one source so far. It is confirmed when a second, independent source reports the same thing.

Top world stories now

How recent

The shading behind a date drains as it ages: full when new, three quarters at 1 hour, half at 6 hours, a quarter at 12 hours, empty after a day. The date is when the source published it.

Timeline

The line under a story shows when it was reported. Now is at the end. The shaded part runs from its first article to its latest; each mark is an article, taller where several came out within 15 minutes. In lists the line is the last two days, so stories compare; a faded start means the story began earlier. On a story page it runs from the first article to now.